Question to the Foreign, Commonwealth & Development Office:
To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, what recent progress he has made on delivering COP climate finance commitments for developing countries.
Under the UK's COP Presidency 95% of the largest developed country climate finance providers made new, forward-looking climate finance commitments. The $100 billion Delivery Plan projects that the $100 billion finance goal will be met by developed countries by 2023 at the latest, with over $500 billion mobilised over the 5-year period 2021-25. In addition, at COP26 there was significant progress on adaptation finance, with collective agreement to at least double finance for adaptation on 2019 levels by 2025. We are encouraging all climate finance providers to bring forward their Progress Update to the $100 billion Delivery Plan for COP27.